Welcome to our dedicated page for Eastman Chem Co news (Ticker: EMN), a resource for investors and traders seeking the latest updates and insights on Eastman Chem Co stock.
Eastman Chemical Co (NYSE: EMN) is a global innovator in specialty materials and sustainable technologies, serving industries from automotive to advanced recycling. This news hub provides investors with timely updates on corporate developments, financial performance, and environmental initiatives shaping the chemical sector.
Discover official press releases covering earnings reports, strategic partnerships, and breakthrough innovations in molecular recycling technology. Our curated collection includes analysis of EMN's leadership in sustainable materials science and its market-moving developments in specialty chemicals.
Key focus areas include:
• Advanced polymer innovations
• Circular economy initiatives
• Global manufacturing updates
• Strategic business partnerships
• Regulatory compliance milestones
Bookmark this page for direct access to verified information from one of the chemical industry's most established innovators. Monitor EMN's progress in transforming plastic waste streams into high-value materials through proprietary recycling technologies.
Eastman Chemical Company (NYSE:EMN) reported strong Q1 2025 financial results with adjusted EPS of $1.91, up 19% year-over-year and in line with January guidance. Sales revenue slightly decreased 1% to $2,290 million from $2,310 million in Q1 2024.
Key highlights include:
- Adjusted EBIT margin improved by 170 basis points
- Record uptime and production at Kingsport methanolysis facility
- Net cash used in operating activities was $167 million vs $16 million in Q1 2024
- Company returned $96 million to stockholders through dividends
For Q2 2025, Eastman expects adjusted EPS between $1.70-$1.90, facing headwinds from US-China tariffs and higher planned maintenance costs. The company increased its cost reduction target to $75 million net of inflation and reduced capital expenditures to $550 million. Full-year 2025 operating cash flow is projected at approximately $1.2 billion.
Eastman has been awarded the prestigious 4 Star Employer recognition in the 2025 VETS Indexes Employer Awards, highlighting its exceptional commitment to supporting U.S. military veterans and the military-connected community. The company was among 294 organizations recognized out of 349 participants.
Travis Smith, Executive Vice President and EVETS executive sponsor, emphasized the invaluable contribution of military service training to Eastman's success. The assessment evaluated organizations across five key categories: veteran recruitment and hiring, employee development and retention, veteran-inclusive policies, National Guard and Reserves support, and military family support.
According to VETS Indexes president George Altman, Eastman's efforts in recruiting, retaining, developing, and supporting veterans and their families distinguish them as one of the best veteran employers, setting a benchmark for others to follow.
Eastman Chemical Company (EMN) has announced its schedule for first-quarter 2025 financial results release and related events. The company will release its Q1 2025 financial results on Thursday, April 24, 2025, at approximately 4:15 p.m. Eastern Time through wire distribution, their website, and SEC Form 8-K filing.
A live webcast and teleconference are scheduled for Friday, April 25, 2025, at 8:00 a.m. Eastern Time. Advance slides and prepared remarks will be posted on Thursday evening at investors.eastman.com. Investors can join via a listen-only webcast or dial in toll-free at +1 (833) 470-1428 using passcode 597256.
A replay will be available at investors.eastman.com, including an MP3 format download. The telephone replay will be accessible from 1:00 p.m. ET on April 25 through May 5, 2025, at +1 (866) 813-9403 with passcode 408681.
Eastman Chemical Company (NYSE:EMN) announced that Chief Financial Officer Willie McLain will be presenting at the upcoming J.P. Morgan Industrials Conference. The company provided contact information for investor relations and media inquiries but did not disclose specific details about the presentation's content or timing.
Eastman Chemical Company (NYSE:EMN) has announced its Board of Directors has declared a quarterly cash dividend of $0.83 per share on the company's common stock. The dividend will be paid on April 7, 2025, to stockholders of record as of March 14, 2025.
The company, founded in 1920, is a global specialty materials manufacturer with approximately 14,000 employees worldwide, serving customers in over 100 countries. Eastman reported revenue of approximately $9.4 billion in 2024, focusing on innovation-driven growth in markets including transportation, building and construction, and consumables.
Eastman Chemical Company (NYSE:EMN) announced that Board Chair and CEO Mark Costa will present at the Barclays 42nd Annual Industrial Select Conference on February 19, 2025, at 10:25 a.m. ET. The presentation will be available through a live webcast on investors.eastman.com, with an audio replay accessible afterward in the events & presentations section of the company's investor relations website.
Eastman Chemical (EMN) reported strong Q4 and full-year 2024 results, with adjusted earnings per share growing 23% in 2024. Q4 sales revenue increased 2% to $2,245 million, driven by 1% higher sales volume/mix and 1% higher selling prices. The company generated approximately $1.3 billion in operating cash flow for 2024 and returned $700 million to shareholders through dividends and share repurchases.
Advanced Materials and Additives & Functional Products segments showed strong specialty volume growth. The Kingsport methanolysis facility operated well in Q4, positioning for strong earnings growth in 2025. The company's adjusted EBIT margin improved by 350 basis points in Q4 and 190 basis points in 2024.
For 2025, Eastman projects EPS between $8.00-$8.75 and expects operating cash flow of approximately $1.3 billion, despite facing global economic uncertainty.
Eastman Chemical Company (EMN) has scheduled its fourth-quarter and full-year 2024 financial results announcement for Thursday, January 30, 2025, at approximately 4:15 p.m. Eastern Time. The results will be distributed via wire services and posted on the company's website and SEC Form 8-K filing.
A live webcast and teleconference will follow on Friday, January 31, 2025, at 8:00 a.m. Eastern Time. Advance slides and prepared remarks will be available on Thursday evening at investors.eastman.com. Investors can join via a listen-only webcast or dial in toll-free at +1 (833) 470-1428 with passcode 793608.
A replay of the webcast and MP3 download will be available at investors.eastman.com. The telephone replay will be accessible from 1:00 p.m. ET on January 31 through February 9, 2025, at +1 (866) 813-9403 with passcode 540646.
Eastman Chemical Company (NYSE:EMN) hosted its 2024 Circular Economy Deep Dive event, highlighting its innovation-driven growth strategy and circular economy initiatives. The company projects EBITDA of over $2.1 billion and approximately $1.6 billion cash from operations in a normalized market environment, with an additional EBITDA of >$500 million by 2029 through circular initiatives.
The circular initiatives include $350 million EBITDA from Kingsport and Longview methanolysis projects, and $150-200 million EBITDA from cellulosic biopolymer platform. For 2025, capital expenditures are expected to be $800 million, increasing to $800 million-$1 billion in 2026-2027. The company anticipates an incremental $75-100 million EBITDA contribution in 2025 from the Kingsport facility.
Eastman Chemical Company (NYSE: EMN) has announced a quarterly dividend increase from $0.81 to $0.83 per share on its common stock, marking its 15th consecutive year of dividend growth. The dividend will be paid on January 8, 2025, to stockholders of record as of December 16, 2024.
The company, founded in 1920, reported revenue of approximately $9.2 billion in 2023. As a global specialty materials company, Eastman employs around 14,000 people worldwide and serves customers in more than 100 countries, focusing on transportation, building and construction, and consumables markets.
